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Renovated Two-Story Office Building
For Lease
$112,320

306 E Olive St, Newport, OR 97365

C-3-zoned office property with flexible interior layout, prominent signage, and a broad range of allowable uses.

Space SizeContact for details
Property Size1,950 SF
Days on Market373

Property Features for 306 E Olive St

General Information

Standard status Active
Size 1,950 SF
Total Parking Spaces 7
Zoning C-3

Space & Availability

Floor 1-2
Space Use Office
Condition Second Generation
Private Offices 4
Meeting Rooms 1

Site & Location

Highway Access Yes
Road Access Yes

Amenities

large lit monument sign
full kitchen
storage

Building Details

Building Size 1,950 SF
Listing Agency: Windermere Heritage
Listed By: Ali Gier (Morrison) · License #201203600
Source: Allprofessionalsre
Added: Aug 13, 2025 Changed: Aug 14 Last Checked: Aug 19 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Heritage

Investment Insights

Based on property information with market context.

This renovated two-story office property provides a practical mix of private and shared work areas. The first floor includes a reception area, full kitchen, private office, conference room, storage, bathroom, and a large central work area. Upstairs are three more private offices, including two smaller offices and one larger office, along with a full bathroom with tub and shower. Storage is distributed throughout the building.

The property fronts Hwy 20 and includes a large illuminated monument sign plus 7 onsite parking spaces. It is located at 306 E Olive St in Newport’s business district, with Bayfront and Nye Beach nearby. C-3 zoning allows a wide variety of uses.

Key Highlights

  • Renovated two‑story office building with reception, conference, work, kitchen, and storage areas
  • Four private offices total, including one first‑floor office and three on the second floor
  • 7 onsite parking spaces and a large illuminated monument sign

Property Analytics

Current Use

Frontier Title & Escrow ... Title Company Central Coast Realty Real Estate Agency Jon Lynch Real Estate Agency

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,268
Businesses Nearby

Demographics for 97365, OR

10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - C-3-zoned office property with flexible interior layout, prominent signage, and a broad range of allowable uses.
Where is this office building located?
The property is located at 306 E Olive St Newport, OR.
What is the lease rate?
The lease rate is $112,320.
What are key features of this property?
This property features: Renovated two‑story office building with reception, conference, work, kitchen, and storage areas; Four private offices total, including one first‑floor office and three on the second floor; 7 onsite parking spaces and a large illuminated monument sign
More about this property
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